Biden Pushes Expansion of Drug Pricing, Insurance Coverage Plans

March 11, 2024, 4:16 PM UTC

The Biden administration is looking to double down on some of its most popular health proposals, from lowering what Americans pay at the pharmacy counter to cutting the cost of insurance premiums for people on Obamacare.

President Joe Biden’s fiscal year 2025 budget request seeks to raise the Department of Health and Human Services’ discretionary spending to $133.8 billion, a nearly $5 billion increase from fiscal year 2023, the White House announced Monday.

The HHS budget plan is central to Biden’s plan for reducing costs for Americans. A keystone of that plan is bolstering the drug price negotiation program: expanding ...

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